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Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Maersk Resumes Suez Canal Operations: Gateway for Asia-Europe Trade Reopens


Mon 25 Dec 2023 | 09:17 PM
By Ahmad El-Assasy

Maersk, a global leader in shipping, announced the resumption of its services through the Suez Canal, marking a significant step in restoring trade flow between Asia and Europe. 

In a statement released by the Suez Canal Authority, Maersk mentioned, "The recent security situation in the Red Sea and the Gulf of Aden had prompted Maersk and other maritime transport lines to halt, modify, and divert their commercial maritime routes away from the area for safety.

The safety of our seafarers and your goods on our ships has always been and will always be our top priority. All emergency measures have been implemented with these priorities in mind."

The statement further highlighted that starting Sunday, December 24, 2023, they received confirmation that the multinational security initiative previously announced, "Guardian of Prosperity," has been equipped and deployed. 

This development allows maritime trade to pass through the Red Sea and the Gulf of Aden, and return to using the Suez Canal as a gateway between Asia and Europe. 

This news has been greatly welcomed by the entire maritime transport industry for the effectiveness of global trade movement.

Maersk's statement added that with the activation of the "Guardian of Prosperity" initiative, preparations are underway to allow ships to resume transit through the Red Sea, both eastward and westward. 

Plans are being developed for the first ships to cross, with operations expected to commence as soon as possible. 

Ensuring the safety of their employees remains a top priority amidst the challenging situation in the Red Sea and Gulf of Aden.

The company also mentioned that its teams are assessing the direct impacts of this decision. 

They requested patience from their clients while they accommodate the effects on ship rerouting, additional charges, booking acceptance, and extra emergency procedures. 

Maersk promised to update their clients with the latest details of this new arrangement as soon as more information is available, expected in the coming days.

The statement concluded: "Please note that although security measures have been implemented to enable our ships to cross the Red Sea and the Gulf of Aden, the overall risks in the region have not been neutralized at this stage. 

Maersk will not hesitate to reassess the situation and commence diversion plans again if necessary for the safety of our seafarers."